Skys The Limit For Carey Real Estate Program

Main navigation Johns Hopkins Legacy Online applications Faculty Directory Experiential studying Career assets Alumni mentoring program Util Nav CTA CTA Breadcrumb Sky’s the Limit for Carey Real Estate Program Ko Wang, PhD R. Clayton Emory Chair in Real Estate and Infrastructure When Ko Wang joined the Johns Hopkins Carey Business School in 2014 as the executive director of the Edward St. John Real Estate program, he did so with one goal in thoughts: to build a fuller, more complete way to educate real property students. Wang places the goal extra boldly: “We need to set up the chief of actual estate graduate schooling here at the Carey Business School.” Almost two full years into his tenure, the program appears well on its means. Wang cites a number of explanation why he thinks the Carey program is uniquely suited to turn out to be the usual for progressive real property training. First and foremost is that Carey presents actual property schooling by way of the lens of enterprise training. This, he says, is greatest exemplified by the varsity’s flagship real property offering, a Master of Science diploma in Real Estate and Infrastructure. “Normally there are two forms of real estate packages: a master of science at a planning or architecture faculty , or a real property focus inside an MBA program or business school. Real property is one of the 4 pillars of the Carey Business School; and by having that dedication, Carey has differentiated itself,” Wang states. Wang says that the umbrella of enterprise training permits the MS diploma to chart a brand new course for actual property students. After all, actual property is a business. Ultimately, the course work reflects the general program’s central objective, which is to offer an training that finest prepares students for employment in the trade. “We wish to ensure this program has a curriculum that meets each the business want and the student want,” he says. “We needed a program very much supported by the trade, and we’ve accomplished that.” According to Wang, the curriculum contains two parts that drive this distinction. First is the program’s concentrate on infrastructure, a critical matter that is usually missed. “We need to construct a critical mass in infr astructure,” Wang says. “McKinsey estimates the world will want $57 trillion in infrastructure (repairs) by 2030. That is a very giant asset class, and it is largely ignored by other actual property packages.” The second factor is the Carey program’s intense give attention to finance, one other overlooked aspect of the discipline. “I suppose lots of actual property programs pay attention to growth and construction â€" and we do pay attention to that â€" however we also place a give attention to financing and the funding aspect of the real estate trade,” he says. To accomplish this, Wang has constructed on the varsity’s current core power: its school. Last yr, he employed three new full-time college members, bringing the number of full-time actual property and infrastructure professors to eight. He says he hopes to hire two extra in 2016, a transfer that might be sure that the Carey faculty might be one of the largest group of devoted real property faculty members among business colleges. This, mixed with the existing college core that features full- and part-time business professionals, helps the program ship its curriculum to full- and half-time college students with varying focuses and interests. Wang says it is an added bonus that Johns Hopkins has provided real estate training in a single kind or another since 1993 â€" and boasts over 1,000 alumni in the business. “This program has a great history and a great foundation,” Wang mentioned. “What we're doing now is taking a look at how the trade has modified, and altering the program to fulfill these wants.” In April 2016, it was announced that Ko Wang is the recipient of the inaugural R. Clayton Emory Chair in Real Estate and Infrastructure. The chaired professorship was endowed by Johns Hopkins alumnus R. Clayton Emory, founder of Emory Properties. This is the first endowed chaired professorship at the Johns Hopkins Carey Business School. Posted a hundred International Drive